Property profile

905 State Rd 15a Deland, FL 32720

OFF-MARKET
Grocery and convenience stores
Property ID
US18-9874418
2,604 SF 0.73 ac lot Built 1985
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,604 SF
Lot 0.73 ac (31,624 SF)
Zoning code C-2
APN 7020-00-00-0080
UPID US18-9874418

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

905 State Rd 15a Deland, FL 32720-7265
Deland metro Census 90702 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$610k
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2010
$400,000

Zoning & alternative use

C-2 · Deland, FL
Zoning description

C-2 General Commercial - ADA (PDF) C-2A Downtown Commercial - ADA (PDF) C-2AC Commercial Activity Core - ADA (PDF) C-3 Rail Spur Commercial - ADA (PDF) C-4 Wholesale Commercial - ADA (PDF) E-1 Educational - ADA (PDF) M-1…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $645,000 +38.8%
Commercial (general) $510,000 +9.4%
Medical building $485,000 +3.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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